Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talcbased products caused cancer, offloading the potential liabilities into a newly created subsidiary hived off from the rest of the healthcare conglomerate.
from Top Business News- News18.com https://ift.tt/2YO1zJE
J&J Puts Talc Liabilities Into Bankruptcy
Previous Post
US Average Mortgage Rates Jump; 30-year Loan At 3.05%
Related Posts
Govt to Decide on Subsidised Cooking Gas by BPCL Before Financial Bid Stage
Rajya Sabha Passes Amendments to Insolvency Law for Suspension of Fresh Proceedings Amid Covid-19
Net Direct Tax Collection Dips 31 per cent in April-August
MSME Units from Maharashtra Availed Maximum Loans Under Emergency Fund, Says Minister
Some Onion Trucks Enter Bangladesh After Partial Relaxation of Export Restrictions: Officials
0 comments: